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I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.
If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.
Sell all ETH, BTC into Stable Coin when the market goes down
Wait until the market goes up...? How do you know, with short term trades, how much higher it will go or how much longer? The problem with short term trading (or swing trades) is that you go in and out of the markets, because in fact you don't believe that the specific crypto you are trading will be relevant for the long run. If you really believe in the bitcoin/blockchain story, you don't buy and sell immediately. That's not investing, that's gambling. And if you're so much into gambling, check out Faireum.io You'll make a heck of a lot more with transparent gambling and fair odds, compared to going in and out of the markets. PS This is not financial advise  |
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Markets are already heading into a good direction. I don't know that you can call it bullish, but it's definitely going up. The crash the crypto markets experienced was important, because now there's lots of upside potential (compared to before, where there was more downside potential.) Frankly, I would look into new projects and current projects. Start with the gold standards of the industry: Bitcoin, ETH etc etc. However, also diversify by looking at new ones coming up, because those are the ones that will increase in value the most. Think of it this way: what will get more % return? A coin that is already worth a few thousand dollars, or an upcoming token that is trading under a dollar? This is all subjective of course, but if you want to maximize your return, you should be looking at smaller cap coins/projects, because these have the greater upside potential (a multi billion dollar market cap, is harder to turn into hundred billion dollar, instead of a million dollar into billion dollar.) Having said that, there's risk involved in smaller projects. So I always tell people: invest in projects that solve a problem. Gambling has a HUGE problem at the moment, whether it is the social stigma, the unfair odds or the money laundering. There's a reason gambling has historically attracted criminal activity and problems, and blockchain can do a lot to reverse all of that with the public ledger. I don't mean to pitch a project, and want to keep the convo quite neutral, but do have a look at what we've been doing at Faireum. You won't be sorry Good luck man! |
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Looking into ICOs with infrastructure and some type of prototype. The good o'l days of investing in ICOs that just had an idea, are gone and those days shouldn't have existed to begin with.
Several people in this thread mentioned gambling sites - that is an excellent choice for an investment, if you can vet through all the several options for gambling companies.
Of course, we don't mean gamble your money away, but rather invest in these companies (buy into their ICO, or trade their token etc.)
As I said earlier however, try and look into projects with infrastructure. In gambling there's lots that needs to be built when it comes to the details of it.
Ultimately the following needs to be achieved:
- Security
- Avoidance of high fees
- Avoidance of unfair odds
- Safety & Transparency
- Avoidance of tax evasion and money laundering
Blockchain is the perfect technology to achieve all of the above.
Do your due diligence, and good luck!
Feel free to even look up our gambling project that we're preparing over at Faireum
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Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
I think you should not invest in ICO projects. there are only garbage and bad projects. Devs often use investors' money to use for online gambling purposes and they often fail to keep up with the roadmap they have set. I think you should only invest in development token projects without investors' funds. It has available investment funds to develop, and that is the investment trend of many experienced investors. I think that's a very broad statement to make. I mean, technically 90% of the coins on coin market cap (and the ones that would be considered "good coins") had an ICO. So if the advise is "Don't invest in ICOs, invest in the existing coins" then so be it; but keep in mind that the existing coins - for the most part - also had an ICO at some point of inception. Also, labeling all ICOs like garbage is a pretty lazy way of saying "many, or some ICOs are garbage/scams" Do some due diligence, and don't spread negativity across ALL projects. There are a few quite decent - you'd be surprised. And speaking of gambling, if you are into that sort of thing, check out Faireum It's for crypto gambling (or reach out to the devs and tell them about it!) Peace! |
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Bulls, bears it doesn't matter. These are short term swings, and blockchain is here to stay for the long run.
Wanna speculate? That's fine - but speculation also exists in the pink sheet stocks. People should be in crypto for the returns, but also because they believe in the future of blockchain and its power of decentralization and transparency.
If I were you, I would be looking into startup projects with infrastructure and a track record. Partake in their fundraisers, or trade their tokens. But keep in mind that it's a marathon - not a spring. So hope that helps!
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Not only do people like reading the negative news, they probably just enjoy "chaos in the markets" Unless someone is invested in a project, they just care about the markets going up and down, just like watching a sports match. Also the lack of due diligence, but it's also a spectical in a way. The other thing is, that even though they banned ICOs, there are MANY ICOs out of China that just register in some other location. That's the cool thing about blockchain - you can't really limit it within borders. So unless there was like a global ban of ICOs (not possible) then a ban in China means practically nothing, as they can register some place else (e.g Singapore.) Hope that helps the convo  |
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Hello guys,
I know a little bit about Gambling site. But I want to know more about gambling. I used gambling site a long time ago. So I want to start now. Someone suggest me some good gambling site as like as 777Coin. I know there are many gambling site but I don’t know those are good or not. I am very interested about gambling because in today’s world, gambling is the only way to understand how much a person can take the risk. Because gambling is a risky process. But I beleive that “No risk no gain” so I want to take risk.
If you wish then you can suggest me the best gambling site in your opinion and also tell me that what you like most about your favorite gambling site. I want to make a list about top quality full gambling site. If you wish then you can help me by suggesting some good gamebling site name and advantages and disadvantages about this site. I want to gather my knowledge about gambling site.
Best regards
Rifat0099
Just go over to the gambling board, and do a little digging until you find something that sounds like it would suite you. Also, check out our team at Faireum while you're at it. |
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Hello everyone, suggest some mostly trusted bitcoin sports betting site.
The Faireum team is currently developing a platform that will create a paradigm shift in the online gambling industry and solve all aforementioned issues. Faireum will fully implement and run a blockchain-based ecosystem with its own set of protocols, where developers can publish their own Dapps with custom features to meet Online Gambling requirements. The ultimate goal of Faireum is to remove the risk inherent in traditional systems by making it decentralized, transparent and trustful. *By creating a new blockchain and a set of protocols with custom features to meet Online Gambling requirements, Faireum will introduce a platform that is trustful, borderless, secure, and fast for blockchain-powered online gambling, therefore: -Our Solution Reducing operational costs of online gambling therefore providing higher payouts -Reducing the risk of fraud Reducing the cost of user accounts and money management for online casino operators -Enabling game developers to monetize their work -Enabling game developers to generate revenue without having to operate after the game is released -Creating an open ecosystem of provably fair interoperable online casinos -Integrating a system of replicable templates and incentivized sharing to allow game developers to benefit from a new value transfer rule that Faireum offers -Providing third parties with trustful and transparent services to fit development under Faireum protocols -Providing an official gambling platform that is based on the Faireum network for fully transparent betting and charging |
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If gambling is illegal in your country, would you still gamble?
Despite the significant growth of the online gambling industry, several on-going issues have made some countries reluctant to legalize online gambling. Additionally, a large number of people are deterred from trying out betting games due to problems with trust, security and reliability. The Faireum team is currently developing a platform that will create a paradigm shift in the online gambling industry and solve all aforementioned issues. Faireum will fully implement and run a blockchain-based ecosystem with its own set of protocols, where developers can publish their own Dapps with custom features to meet Online Gambling requirements. The ultimate goal of Faireum is to remove the risk inherent in traditional systems by making it decentralized, transparent and trustful. |
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What are your Pros and Cons in live betting and online betting?? which you prefer to bet.
for me live betting is much more excitement because you can see live who you put your bet especially when we're talking about betting in racing but it's more convenient to bet online,
Excitement vs Convenient.
As exciting as live betting can be, it's tough to argue that that is the only reason someone would actually go and gamble in real life, as opposed to betting from the comfort of his own couch. The ability to gamble with a sense of anonymity, that was once not really possible, the security, quickness and overall convenience of depositing with cryptos are just some of the many factors that have helped in the growth of popularity of online gambling. Also, just the accessibility of it is a huge factor of its rise. When a bet is just a click of a button away, it's tough to resist the temptation. |
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We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?
The ability to gamble with a sense of anonymity, that was once not really possible, the security, quickness and overall convenience of depositing with cryptos are just some of the many factors that have helped in the growth of popularity of online gambling. Also, just the accessibility of it is a huge factor of its rise. When a bet is just a click of a button away, it's tough to resist the temptation. |
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By now most people have heard about this, https://www.bloomberg.com/news/articles/2019-01-15/u-s-now-says-all-online-gambling-illegal-not-just-sports-bets. We all know that Crypto currency online gambling sites are rampant on the internet and it adds loads of demand for Crypto currency on the Internet. Some of these sites are legal, but a large amount of them are operating illegally. The possible prohibition on internet gambling in the US will have a significant impact on the price of Crypto currencies that are used for gambling. Do you think legal operations will close their doors and move underground? Do you think it will only have a limited impact on Crypto currency prices? Will these operations move to countries that allow online gambling? Will online gambling evolve into illegal sites on the Darkweb? Let's discuss.  Despite the significant growth of the online gambling industry, several on-going issues have made some countries reluctant to legalize online gambling. Additionally, a large number of people are deterred from trying out betting games due to problems with trust, security and reliability. Our team at Faireum is currently developing a platform that will create a paradigm shift in the online gambling industry and solve all aforementioned issues. Faireum will fully implement and run a blockchain-based ecosystem with its own set of protocols, where developers can publish their own Dapps with custom features to meet Online Gambling requirements. The ultimate goal of Faireum is to remove the risk inherent in traditional systems by making it decentralized, transparent and trustful. |
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I see that there are many ICOs that fail because of lack of funds even though the concept is good and potential, isn't it if the project is funded and realized the project will be successful and profitable for investors?
The sad fact is that a lot of ICOs are scams that negatively affect real, legitimate ICOs. In turn, potential investors tend to stay clear off of all ICOs, and the unfortunate circle continues. |
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What are the biggest sources, channels (YouTube channels/influencers, Twitter accounts/influencers etc, ICO rating websites) online that you use to find out in which ICO to invest in?
Just being active on online platforms with forums about the topic, such as bitcointalk and reddit, and engaging with people on there will help you out tremendously. |
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Kids shouldn’t go to school and learn the same repetitive education that trained them to be slave, like lawyers, accountant, doctor, they should be earning their own bitcoin too.
I don’t believe we shouldn’t teach kid about money, we should be encourage them to earn money, since bitcoin are easy to earn, why we must tell kids to follow the same advices that lead to what we have failed millenial generation today? We don’t want our kid to end up like millenial again, we shall teach them not working for money, and as young as possible.
Becoming millionaire is no longer a privilege right to grown up man, kids should have them too, easy access to banking are also shouldn’t limited to matured, why some exchange still so stereotype by not allowing kids below 18 years old to trade crypto, this is very sad and very bad to them.
Yeaaaah.. There are these things called child labor laws, and they are there for a reason. Sure, you could educate kids on all matters of economic sciences, but "being encouraged" to earn money just sounds wrong on so many levels. |
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Though your project is completely relative to gambling community it needs to be moved to the announcement board. You can provide regular updates regarding your project in an attractive manner making it more visible to the users of the forum.
[/quote]
Thanks for the heads up!
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FAIREUM ICO Faireum is a public blockchain which focuses on the problems of the online gambling industry and resolves them with a set of protocols that provides a decentralized, low-cost, transparent and secure gambling experience.
To achieve this, Faireum uses its token and game contract to guarantee users a premium betting experience and superb services across lottery, horse-betting, sports-betting, casino games, digital games and countless more.
A smart client also works alongside Faireum’s protocols, called a Faireum node, which helps provide users with a safe, seamless and always-on experience in playing all the games they wish to play.
In General Faireum is a public blockchain with a set of protocols, which focuses on the gambling industry and provides a decentralized, low-cost, transparent and secure betting and gambling experience. *Problems regarding online Gambling:Despite the significant growth of the online gambling industry, several on-going issues have made some countries reluctant to legalize online gambling. Additionally, a large number of people are deterred from trying out betting games due to problems with trust, security and reliability. *Problems for players:-Withheld bonuses -Account restrictions due to location -Hidden fees: casinos charge a fee for withdrawals -Withdrawal restrictions -Limits and slow processing speed of payouts Risk of fraud *Problems of service providers:-High entry fees for the game developers -High costs of running an online casino -Operations overheads such as integrating payment systems and user account balance management -Slow server running speed and frequent downtime events -Lack of transparency and credibility -Lack of support of blockchain services/protocols *Our Solution:The Faireum team is currently developing a platform that will create a paradigm shift in the online gambling industry and solve all aforementioned issues. Faireum will fully implement and run a blockchain-based ecosystem with its own set of protocols, where developers can publish their own Dapps with custom features to meet Online Gambling requirements. The ultimate goal of Faireum is to remove the risk inherent in traditional systems by making it decentralized, transparent and trustful. *By creating a new blockchain and a set of protocols with custom features to meet Online Gambling requirements, Faireum will introduce a platform that is trustful, borderless, secure, and fast for blockchain-powered online gambling, therefore: -Our Solution Reducing operational costs of online gambling therefore providing higher payouts -Reducing the risk of fraud Reducing the cost of user accounts and money management for online casino operators -Enabling game developers to monetize their work -Enabling game developers to generate revenue without having to operate after the game is released -Creating an open ecosystem of provably fair interoperable online casinos -Integrating a system of replicable templates and incentivized sharing to allow game developers to benefit from a new value transfer rule that Faireum offers -Providing third parties with trustful and transparent services to fit development under Faireum protocols -Providing an official gambling platform that is based on the Faireum network for fully transparent betting and charging https://faireum.io//https://www.facebook.com/faireumofficialpagehttps://twitter.com/faireumofficialhttps://www.instagram.com/faireumofficial/https://www.reddit.com/r/faireumofficialhttps://www.linkedin.com/company/faireumofficial/https://t.me/faireumofficialhttps://medium.com/@faireumofficialhttps://www.youtube.com/channel/UCXaRF8NXVmXtGg1E8ZoLKwghttps://github.com/Faireum |
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Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.
Even though many have been scammed through the anonymous nature of blockchains, it most definitely has brought more good than harm since people now have autonomous power and control over their assets through decentralization. No bank can access your funds because pk is secured. The only major problem are scam ICOs and I believe STO would definitely solve these problems. But at the end of the day, smart investment has always been the shield protecting people from scams and frauds. |
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the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.
A mixture of misinformation, lack of knowledge and most devastatingly, a lack of interest in learning about it. Most people just want to make a quick buck by investing small and selling when the price goes up, which is ok. But at the same time, it's the people who don't know what they're doing who are the ones who never really get the hang of it completely, and eventually end up backing out. |
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Joseph Stiglitz, the Nobel Prize-winning former chief economist of the World Bank, Nouriel Roubini and Kenneth Rogoff were in unity in claiming that Bitcoin’s value could drop to just $100 after being "regulated into oblivion".
However experts from trading platform Blocktrade.com and LoyalCoin stressed that "REGULATION WILL NOT MAKE BITCOIN PLUMMET TO $100. It will not kill off cryptocurrency but will in fact be vital to crypto's growth. It will be essential to the adoption of cryptocurrency on a global scale. And will encourage more businesses to start taking the emerging technology seriously. The key issues affecting cryptocurrency, like security and volatility, can be rectified through regulation". [https://www.businesscloud.co.uk/news/regulation-will-not-make-bitcoin-plummet-to-100]
I've read this somewhere; The currencies that succeed, are not those that circumvent the state, but rather those that are legitimised by the state.
But it is a known fact that, Bitcoin is a decentralized digital currency. Free from government interference and manipulation.
Does this mean that Bitcoin, being the most popular and most sought after cryptocurrency, still cannot be considered a successful currency?
How can regulation help Bitcoin along with other cryptocurrencies? Will it benefit the investors as well?
Your thoughts guys..
Regulation of cryptos will end up ensuring their growth and widespread use at the end of the day. They will naturally loose its niche and become a more mainstream thing, with everyone being able and wanting to use them. Now, will that change the way that cryptos are used, who knows. Some believe this would cause price drop, centralization, loss of users support but I don't think this is the case, quite the opposite really, regulation could bring legal background and support to Bitcoin and more adoption, especially by businesses. |
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